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Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
Sep. 30, 2015
Dec. 31, 2014
ASSETS    
Cash and cash equivalents $ 1,365,000 $ 2,110,000
Trade receivables $ 979,000 1,548,000
Related parties – trade receivables  
Prepaid expenses and other receivables $ 229,000 178,000
Inventories (Note 3) 1,922,000 1,653,000
Total current assets 4,495,000 5,489,000
PROPERTY AND EQUIPMENT, NET $ 584,000 567,000
INTANGIBLE ASSET, NET 66,000
INVESTMENT IN TELKOOR $ 90,000 207,000
LONG-TERM DEPOSITS 13,000 13,000
Total assets 5,182,000 6,342,000
LIABILITIES AND SHAREHOLDERS' EQUITY    
Accounts payable 874,000 1,061,000
Related parties - trade payables 7,000 60,000
Advances from customers and deferred revenues 233,000 435,000
Other current liabilities 372,000 345,000
Total current liabilities 1,486,000 1,901,000
SHAREHOLDERS' EQUITY:    
Series A Redeemable, Convertible Preferred shares, no par value - 500,000 shares authorized and 0 shares outstanding at September 30, 2015 and December 31, 2014 0 0
Preferred shares, no par value - 1,500,000 shares authorized and 0 shares outstanding at September 30, 2015 and December 31, 2014 0 0
Common shares, no par value - 30,000,000 shares authorized; 6,775,971 shares issued and outstanding as of September 30, 2015 and December 31, 2014. 0 0
Additional paid-in capital 14,920,000 14,739,000
Accumulated deficit (10,811,000) (9,940,000)
Accumulated other comprehensive loss (413,000) (358,000)
Total shareholders' equity 3,696,000 4,441,000
Total liabilities and shareholders' equity $ 5,182,000 $ 6,342,000